Commercial Banking

From startups to legacy brands, you're making your mark. We're here to help.

Innovation Economy
Fueling the success of early-stage startups, venture-backed and high-growth companies.
Midsize Businesses
Keep your company growing with custom banking solutions for middle market businesses and specialized industries.
Large Corporations
Innovative banking solutions tailored to corporations and specialized industries.
Commercial Real Estate
Capitalize on opportunities and prepare for challenges throughout the real estate cycle.
Community Impact Banking
When our communities succeed, we all succeed. Local businesses, organizations and community institutions need capital, expertise and connections to thrive.
International Banking
Power your business' global growth and operations at every stage.

Key Links

Credit and Financing

Prepare for future growth with customized loan services, succession planning and capital for business equipment.

Asset Based Lending
Enhance your liquidity and gain the flexibility to capitalize on growth opportunities.
Equipment Financing
Maximize working capital with flexible equipment and technology financing.
Trade & Working Capital
Experience our market-leading supply chain finance solutions that help buyers and suppliers meet their working capital, risk mitigation and cash flow objectives.
Syndicated Financing
Leverage customized loan syndication services from a dedicated resource.
Commercial Real Estate
Capitalize on opportunities and prepare for challenges throughout the real estate cycle.
Employee Stock Ownership Plans
Plan for your business’s future—and your employees’ futures too—with objective advice and financing.

Key Links

Institutional Investing

Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.

Institutional Investors
Putting your long-tenured investment teams on the line to earn the trust of institutional investors.
Markets
Direct access to market leading liquidity harnessed through world-class research, tools, data and analytics.
Prime Services
Helping hedge funds, asset managers and institutional investors meet the demands of a rapidly evolving market.
Global Research
Leveraging cutting-edge technology and innovative tools to bring clients industry-leading analysis and investment advice.
Securities Services Solutions
Helping institutional investors, traditional and alternative asset and fund managers, broker dealers and equity issuers meet the demands of changing markets.

Key Links

Investment Banking

Providing investment banking solutions, including mergers and acquisitions, capital raising and risk management, for a broad range of corporations, institutions and governments.

Center for Carbon Transition
J.P. Morgan’s center of excellence that provides clients the data and firmwide expertise needed to navigate the challenges of transitioning to a low-carbon future.
Corporate Finance Advisory
Corporate Finance Advisory (“CFA”) is a global, multi-disciplinary solutions team specializing in structured M&A and capital markets. Learn more.
Development Finance Institution
Financing opportunities with anticipated development impact in emerging economies.
Sustainable Solutions
Offering ESG-related advisory and coordinating the firm's EMEA coverage of clients in emerging green economy sectors.
Mergers and Acquisitions
Bespoke M&A solutions on a global scale.
Capital Markets
Holistic coverage across capital markets.

Key Links

Private Bank

A uniquely elevated private banking experience shaped around you.

Banking
We have extensive personal and business banking resources that are fine-tuned to your specific needs.
Investing
We deliver tailored investing guidance and access to unique investment opportunities from world-class specialists.
Lending
We take a strategic approach to lending, working with you to craft the right financing solutions matched to your goals.
Planning
No matter where you are in your life, or how complex your needs might be, we’re ready to provide a tailored approach to helping your reach your goals.

Wealth Management

Whether you want to invest on your own or work with an advisor to design a personalized investment strategy, we have opportunities for every investor.

Invest on your own
Unlimited $0 commission-free online stock, ETF and options trades with access to powerful tools to research, trade and manage your investments.
Work with our advisors
When you work with our advisors, you'll get a personalized financial strategy and investment portfolio built around your unique goals-backed by our industry-leading expertise.
Expertise for Substantial Wealth
Our Wealth Advisors & Wealth Partners leverage their experience and robust firm resources to deliver highly-personalized, comprehensive solutions across Banking, Lending, Investing, and Wealth Planning.

Key Links

About Us

We aim to be the most respected financial services firm in the world, serving corporations and individuals in more than 100 countries.

Key Links

Payments
Payments Unbound
Payments Unbound - The digital magazine
Payments Unbound Articles
How NYC Became the Fintech World's Hotspot

Subscribe for more

Payments Unbound Volume 6 How NYC Became the Fintech World's Hotspot

J.P. Morgan Payments

Tech and the city

4 minute read

How New York City became the fintech world’s new hotspot

Boasting 25,000 tech startups¹ and 178 unicorns²—privately held companies with a valuation greater than $1 billion—New York City has emerged as the second-largest tech hub in the world, after California’s Silicon Valley. Record numbers of tech workers are relocating to New York,³ while local tech venture capital (VC) investments are booming. Due to its proximity to Wall Street, fintech has been a particular area of success. In 2024, fintech deal values increased to $6.71 billion, up 50% compared to 2023.⁴

So, what’s behind the boom? Why is New York proving such a pull for the tech industry?

Julie Samuels

President and CEO, Tech:NYC

Network effects

Julie Samuels is the President and CEO of Tech:NYC, a non-profit that represents New York’s tech industry to both local and federal government. She founded the organization in 2016 and has played a key role in the growth and visibility of the city as a major tech hub over the last decade. Key draws include NYC’s impressive digital infrastructure and strong VC base, as well as the large talent pool that is already in the city. “Thousands and thousands of engineers work in financial institutions. Thousands of engineers work at fashion companies, at advertising agencies,” says Samuels. “I think that increasingly, every company is a tech company.”

JULIE’S FIVE NYC FINTECHS TO WATCH

Ramp

Manhattan-based Ramp specializes in corporate charge cards, spend management and bill payment software. With a valuation of $13 billion, it’s a certified decacorn.

Rho Technologies

Award-winning Rho provides financial and accounting software for startups and other scaling companies.

Propel

Based in Brooklyn, Propel allows low-income families to easily track and manage the government benefits they receive.

Alloy

Founded in 2015, Alloy was one of the early stars of the NY tech scene. Its end-to-end fraud prevention platform enables financial services companies to verify the identity of new customers during the onboarding process.

Nivelo

An innovative paytech that provides simplified and automated payroll solutions for payment service providers (PSPs) and professional employer organizations (PEOs).

But another key differentiator is the breadth of New York’s economy, which few cities can match. “NYC is incredibly economically diversified. I think that the days of just getting your head down and building a tech company in a vacuum…those days are over,” she says. A company being located close to different industries can inspire ideas and provide vital guidance and support during the development phase. Imagine you are creating an app for sustainable apparel—there are over 900 fashion companies⁵ headquartered in New York, a huge ecosystem to tap into to test ideas or find customers.

No wonder fintech is represented so prominently. With almost 4,000 startups,⁶ New York is a world leader in the space, and that is directly related to the city’s position as a major global financial center. “You can build a technology anywhere in the country that’s related to fintech or payments. But, when it comes time to figure out who’s paying for that technology, who’s using that technology, how does that technology function in a broader financial ecosystem, who knows how to market it, who knows how to sell it? That’s all happening in New York,” says Samuels.

Paytech is especially prominent, accounting for around 25% of all fintechs in NYC.⁷ “I feel like the payments industry is just completely booming and that is so interesting,” says Samuels. “The adoption in payments technology has been really rapid over the past few years.” One example was the rollout of contactless payments on the New York transport system, which was completed in under a year during the pandemic, a project on which Tech:NYC consulted. Meanwhile, New York-based startups have been making waves across many areas of payments, from corporate spend management to fraud detection to government entitlement programs.

New York state of mind

One of the attributes that’s really helped tech thrive in New York is the ethos of the city itself. “Tech is a really creative industry in many ways,” says Samuels. “It’s full of young people who like the energy of the city. I think New York really speaks to that culture.” With around one in seven migrating tech workers in the U.S. choosing New York—the highest of any city in the country—this is creating a flywheel effect. Tech companies go where the people they want to hire are, which then creates more opportunities and attracts more people.

And to celebrate the impact of the tech sector on the city, Tech:NYC has launched a new initiative, “Obviously New York.” Tech companies can request a digital Obviously New York badge, which they can add to their webpage, email or social media profile, to help promote the city as the natural home for the best startups and talent.

All this momentum bodes well for the future of New York. “I think that the growth of the tech industry and the growth and success of the broader New York City economy are completely intertwined,” says Samuels. “For New York to continue to be the best city in the world, which I believe it will be, a lot will be powered by the tech sector and the people who work in it.”

SOURCES: WWW.JPMORGAN.COM/PAYMENTS-UNBOUND/SOURCES

IMAGE: GETTY IMAGES/FOCUSSTOCK